Suppose a report on CBC says that there is an impending recession coming in Canada. As a result, Bert's family, as well as
many other like-minded families and individuals, reduce their spending and instead fill up their piggy banks for a potential
rainy day.
As a result of this behavior,
nothing in the economy changes as a result of people choosing to save up some money.
the economy is stimulated as individuals begin to save up money and therefore have more money to spend on goods.
the economy is actually harmed as there is a sharp decrease in consumer spending.